CPA Practice

FEBRUARY 6, 2024

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. All net proceeds from the tournament will be used to fund scholarships to college and university accounting students in Arkansas.

CPA 65

CPA Illinois Arkansas Idaho 65

Going Concern

DECEMBER 12, 2022

“​​Even the most gullible person should not believe Sam’s claim that this was an accounting error.” Today we learn that Arkansas is not being hit with the accountant shortage as bad as other states : In Arkansas, the decline is not as severe.

Arkansas 52

Arkansas Finance Account accountant 52

Going Concern

APRIL 28, 2023

New Jersey Society of CPAs Awards $221,500 in Accounting Scholarships [ NJCPA ] The New Jersey Society of CPAs (NJCPA) awarded $221,500 in scholarships to 53 New Jersey-based high school and college students on April 27 at the Pines Manor in Edison. Meanwhile, PwC led by volume having advised on a total of eight deals.

Colorado 103

Colorado New Jersey Georgia audit 103

Going Concern

AUGUST 19, 2022

Audit Watchdog Fines KPMG Korea for Quality Control Failures [ Wall Street Journal ] The Public Company Accounting Oversight Board on Tuesday fined KPMG LLP’s Korea unit $350,000 for failing to set up adequate quality controls to prevent improper changes to work papers. Audit: U.K. The fine was the U.S. 5, the FRC said.

audit 75

audit auditor accounting firms accounting and finance 75

Going Concern

SEPTEMBER 8, 2023

Little Rock housing authority will provide auditing firm with range of requested documents [ Arkansas Advocate ] HUD assessed Little Rock’s federally-funded public housing authority’s physical condition, financial condition, management and use of its capital fund and gave it 40 points out of a possible 100.

Tax 106

Tax Kansas Arkansas Real Estate 106

Going Concern

MARCH 25, 2022

“I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week. PCAOB Spotlight PDF here.

tax return 52

tax return audit auditor cpas 52